5-Parol Evidence Rule-Contracts

You must first complete 4-Importance and Benefits of the UCC-Contracts before viewing this Lesson
Please sign up for the course before starting the lesson.

The Parol Evidence Rule is a legal principle that prevents parties to a written contract from presenting evidence of prior or contemporaneous agreements or statements that would alter, contradict, or add to the terms of the written contract. Essentially, if a contract is considered to be a “complete and final” agreement (an “integrated” contract), then […]

Back to: Foreclosures, Short Sales and Contracts
© Copyright - Dodd's School of Real Estate